The lecture starts with some conceptual issues (need for evaluation, its place in the project cycle, role of time, uncertainty and risk) and broadly discusses the attribution problem. Chapter 2 introduces the students into two principally different approaches for the rigorous evaluation of impact: Theory-based impact evaluations and randomised controlled trials. It starts with opening the cost benefit analysis-toolbox, making the students familiar with actual, revealed and stated preference approaches based on case studies. Afterwards the students deal with randomised controlled trials and learn about the steps to implement and evaluate an RCT, again, using case studies as blueprints. Chapter 3 finally presents additional economic evaluation methods, including the Cost-Effectiveness Analysis, the Multi-Criteria Analysis and Treatment-Control Group Approaches and shows the conditions under which these methods deliver good results and where they fail.
Lectuer: Prof. Dr. Wilhelm Löwenstein
>> detailed course description
Registration for this course:
1. Check the assessment method in the detailed course description
2. Fill out the form in the sign up button below
3. Since this is an ECTS course from Ruhr University Bochum, your application will be forwarded to Ruhr University Bochum. Your registration is successful, when you get a confirmation email. The relevant course information will be provided by the lecturer.
Face-to-face lectures at IEE in Bochum.
registration open - deadline: 11.5.2025